The incumbent will be required to successfully source, negotiate and execute trades on money market instruments, investments, bonds, equities in both the domestic and international markets as well as foreign currency transactions on behalf of the portfolios under management.
Duties and Responsibilities
Keep abreast of and monitor local, regional and global markets to determine and evaluate trends, spot trading opportunities and identify market threats.
Provide portfolio analysis and presentation support for Portfolio Managers to aid diversification of Funds under Management
Negotiate and execute investment and foreign currency trades in the local and foreign markets on behalf of the funds under management with the goal of meeting the strategic asset allocation requirements of the funds under management.
Develop, monitor and recommend trading solutions to ensure compliance with statutory, regulatory and other limits or triggers as well as with the statements of investment policy and trust deeds that govern the funds under management.
Maintain compliance with the relevant Investment Policy Statement to prevent any breaches of regulatory requirements.
Understand the composition of the portfolios under management and those of our trading counterparties in order to identify trading and asset rebalancing opportunities.
Develop and maintain long term client relationships to expand FCAM’s universe of counterparties.
Responsible for the documenting and deal ticketing of the trade.
Provide market insight to senior managers, portfolio and investment managers and analysts.
Qualifications and Experience
Candidates must possess a First Degree in Finance/Management or related discipline from a reputable University and at least two (2) years progressive experience in both local and international trading, with strong knowledge of and interest in local and international financial markets. Additionally, candidates must have strong ability to rationalize market information to look for opportunities and aggressively pursue targets and goals, as well as possess stronger interpersonal skills and teamworking skills. Strong customer service, the ability to work in teams as well as good working knowledge of Microsoft Office & Bloomberg Terminal are also required.